What is BscScan?

BscScan is a blockchain explorer for Binance Smart Chain (BSC), developed by the same innovative team behind Etherscan. It was specifically designed to accommodate the rapid expansion of the BSC network. BSC (also known as BNB Chain) is renowned for its efficiency and scalability as a public blockchain, offering the capability to host decentralized applications and manage digital assets, while BscScan serves as a crucial tool for exploring this ecosystem.

Similar to Ethereum’s Etherscan, BscScan provides an intuitive and comprehensive user interface, enabling users to easily access key information on the BSC blockchain. As a free blockchain analytics platform, BscScan allows any internet-connected user to query real-time transaction records, view wallet addresses, analyze smart contracts, and retrieve token-related data, thereby enhancing transparency and traceability within the BSC ecosystem.

The core function of BscScan is to provide transaction tracking and wallet address inquiries on the BNB Chain, ensuring that all on-chain activities within the BSC network can be searched and audited. Although BscScan itself does not offer wallet services, manage private keys, or directly control on-chain transactions, it remains an essential tool for users looking to gain deeper insights into the BSC network, particularly those interested in DeFi developments.

BscScan platform identifier (Image source: https://bscscan.com/)

BscScan Menu Categories

As the core blockchain explorer of BNB Chain, BscScan’s navigation menu provides a rich set of modules covering various categories such as blockchain data queries, validator information, token analysis, and developer resources. The following is a detailed analysis of the main menu categories and their functions on BscScan:

1. Homepage

The entrance to BscScan, where users can get the latest updates on the BNB Chain ecosystem and quickly navigate to other functional modules.

BscScan homepage entry（BNB Smart Chain (BNB) Blockchain Explorer）

2. Blockchain

This category is the core area for querying transactions and on-chain data on the BNB Chain, mainly including:

Top Accounts: Shows the ranking of addresses with the most BNB assets held on the BSC network.

Transaction Query (View TXNS): Provides a real-time list of all completed transactions on BNB Chain.

Pending Transactions (View Pending TXNS): Display transactions that are still being processed, allowing users to track the status of unconfirmed transactions.

Internal Transactions within Contracts (View Contract Internal TXNS): Records internal transaction data between smart contracts.

Block Information (View Blocks): Display a list of verified blocks, making it easy for users to track block production status.

Forked Blocks: List the blocks that are not included in the main chain due to chain reorganization, helping users understand the changes in on-chain consensus.

Verified Contracts: Provides a list of smart contracts that have been verified on the BNB Chain, making it easy for users to check contracts.

Clicking on the blockchain menu allows you to query on-chain contract data (Image source: https://bscscan.com/txs）

3. Validators

Validators play a role similar to miners in the BNB Chain, responsible for transaction processing and verification, primarily providing the following functions:

Validator Leaderboard: Lists the ranking of active validators in the BSC network.

Validator Set Information (View Validator Set Info): Display the specific settings and key data of the current validators.

BscScan Validator page (Image source:https://bscscan.com/validators）

4. Tokens

This menu focuses on the data of BEP-20 (similar to the ERC-20 standard) related tokens on the BNB Chain, including a list of BEP-20 tokens sorted by market value, suitable for investors to evaluate the market value of tokens, and display on-chain transfer transaction details of BEP-20 tokens.

BEP-20 token information page (Image source:https://bscscan.com/tokens)

5. Resources

This module provides researchers and developers with data statistics and API access to BNB Chain: smart contracts.

Charts & Statistics: Data visualization analysis of key indicators of BNB Chain, such as on-chain transaction trends.

Top Statistics: Daily updates on important data of the BSC ecosystem, such as the largest trading volume accounts, BNB holdings changes, etc.

Click on ‘Resources’ in the menu to view on-chain visual data analysis (Image source:https://bscscan.com/charts）

In addition, the BscScan homepage also integrates key functional pages such as developer APIs, providing developers with detailed API documentation and data interface descriptions, making it easy to build applications based on BscScan and optimize on-chain data interaction experience. Through this series of comprehensive functional modules, BscScan has built a transparent and efficient blockchain data query platform, meeting the real-time transaction and fund flow tracking needs of DeFi traders, while also helping developers efficiently access the BSC ecosystem, enabling more diverse blockchain application development.

BscScan main advantages

1. Smart contract search

Allow users to search, browse, and interact with smart contracts deployed on the BNB Chain, supporting viewing contract source code, executing contract methods, and determining whether the contract has passed security verification, which is a crucial feature for DeFi users and developers.

2. On-chain data tracking

Users can track all transaction information on BNB Chain in real-time, such as transaction status, execution progress, etc., without relying on centralized wallet services. By entering the wallet address, you can quickly obtain balance, historical transaction records, etc., to achieve precise management of your assets.

3. Block Data Visualization

BscScan provides real-time updated block information, allowing users to view the latest block data added to the blockchain, including block height, transaction count, validator information, etc., providing intuitive support for on-chain activities research.

BscScan Limitations

1. Unable to provide real-time notifications

Users need to manually refresh the page or use relevant tools to get real-time BSC transaction updates.

2. Lack of advanced analysis functions

BscScan provides intuitive and easy-to-understand statistical data, but for users seeking more in-depth data analysis, its limitations may lie in insufficient coverage and data depth. Therefore, advanced users may need to rely on more professional on-chain analysis tools.

3. Ignore privacy protection

Due to the public and transparent nature of blockchain, all queries on BscScan are public and do not provide anonymous services.

Conclusion

As the core block explorer of BNB Chain, BscScan has powerful functions in on-chain data query, transaction tracking, smart contract interaction, etc., greatly improving the convenience of users exploring the BSC ecosystem. However, for professional investors and developers, it may be necessary to combine more in-depth on-chain analysis tools to obtain more accurate data support, which is an indispensable tool for market participants and developers. It is recommended that novice users quickly get started through this guide and efficiently utilize its menu functions to optimize the interactive experience of the BSC ecosystem.